An all-in-one suite for your one-of-a-kind workforce.
Chime Workplace is a next-generation wellness solution that addresses the unique needs of all your employees — leading to better employee engagement and reduced turnover.
Chime Workplace combines Chime’s purpose-built financial tools with workforce financial health insights in a seamless solution for employers.
The net result? 97% of employees feel more financially secure.1
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What makes Chime Workplace, work.
Increase adoption, drive ROI, and be an HR hero.
What if you could simplify your financial wellness benefit program while boosting employee participation? With Chime Workplace, employers gain aggregated and actionable insights into the financial health of their workforce — such as savings growth, credit health status, and overall engagement — through a centralized data portal.
100% designed for your workforce
- Early access to earned wages
- Flexible financial tools tailored for all employees
- Support for long-term savings and credit building
Integrated as one simple solution
- One app for employees to access financial benefits
- One login for employers to track usage and impact
- Easy implementation with existing payroll and HR systems
A brand employees already trust
- Millions of members nationwide
- 1M+ five-star reviews and industry-leading satisfaction
- Familiar, user-friendly experience that employees already know that drives better adoption
Truly fee-free financial tools
- No sign-up fees for employees, ever
- No employer costs or administrative burdens
- More savings, less financial stress for your workforce
Workforce financial insights
- Track savings growth, credit health, and financial progress
- Identify workforce trends that impact productivity and turnover
- Data reporting to prove ROI on financial wellness
For enterprises, built to scale
- Deposits are FDIC-insured through The Bancorp Bank, N.A. or Stride Bank, N.A. up to applicable limits2
- Custom rollout strategies and white-glove support
- Scalable infrastructure to meet the needs of growing teams
Chime Workplace
Essential financial wellness features.
Chime Workplace gives employees the financial tools they need to stress less and move forward. For instance, early access to wages helps them manage daily expenses with confidence. But it doesn’t stop there — Chime Workplace also makes saving effortless, helps employees build credit history through everyday purchases with on-time payments*, and rewards them for their hard work — all in one simple, powerful platform built for long-term financial success.
Demo Chime Workplace—Financial Wellness Suite.
Discover how Chime Workplace can make a real difference in your company by helping your team make progress, feel more secure, and work happier.
It is a more interactive way to think about financial management. It’s just practical enough to be used as a day-to-day thing, but it’s also not stuffy. I really liked this concept of people being able to earn their way into savings in a way that is accessible—but not so accessible that they might waste it on bad decisions.
Sam Falletta, CEO for Incept
Benefits of an Employee Financial Wellness Platform
Employee financial wellness platforms improve productivity by reducing financial stress and fostering a more focused workforce. They enhance job satisfaction, increase retention, and strengthen employee engagement. By promoting financial stability, these platforms contribute to better mental health and overall well-being, leading to decreased absenteeism. Employers also gain a stronger reputation for prioritizing employee welfare, creating a more supportive and efficient work environment.
Financial Wellness Platform Elements
The main elements of financial wellness platforms include Earned Wage Access (EWA), financial guidance tools, rewards and motivation programs, savings and goal-setting features, and credit management tools. Some platforms also incorporate debt management support, providing strategies to reduce or eliminate debt. While retirement planning tools often fall into the broader financial wellness category, they are more commonly offered as standalone solutions rather than integrated into these platforms.
Current Trends in Financial Wellness
Employee financial wellness programs are evolving to meet diverse workforce needs. Key trends include personalized financial guidance, Earned Wage Access (EWA) and robust financial education to foster literacy and empowerment. Rewards and incentive programs now play a more prominent role, boosting engagement and participation. Digital platforms are increasingly used for convenience, offering tools like savings features, budgeting apps and credit management resources. Employers are also focusing on the connection between financial stress and mental health, integrating support for both. These trends reflect a holistic approach, aiming to reduce stress, enhance financial security and improve overall employee well-being.
How To Select An Employee Financial Wellness Program
Selecting the right employee financial wellness program requires understanding your workforce’s unique needs, especially for hourly employees who often have different financial behaviours and challenges.
Choose a free program with solutions tailored to employees’ immediate needs, such as EWA, budgeting tools and short-term savings features. Ensure the platform offers personalized guidance, rewards and education. The program should be user-friendly, mobile-accessible and integrate seamlessly with your payroll system. Evaluate its ability to reduce financial stress, boost productivity and enhance overall employee satisfaction.
FAQs
Do employees expect financial wellness to be a part of their benefits package?
According to PwC, 74% of employees expect this benefit. For hourly workers, financial wellness programs can provide a critical safety net, improving job satisfaction and retention by addressing immediate and long-term financial concerns.
What is Chime Workplace?
Chime Workplace is an all-in-one financial wellness suite empowering employers to advance employee financial progress at no cost. Chime Workplace combines Chime’s purpose-built financial tools with workforce financial health insights in a seamless solution for employers.
What are the fees associated with offering this benefit to my employees?
There are zero fees for employers to market the financial wellness suite and employees may open a Chime account at no cost to the employee.
What’s the difference between Chime and Chime Enterprise?
Chime Enterprise is the enterprise division of Chime, focused on delivering financial wellness solutions that empower employers and their workforce. Through its flagship product, Chime Workplace, employees gain the tools they need to achieve stability and make progress.
Which elements of financial wellness solutions are most wanted by hourly employees?
Hourly employees prioritize solutions that address short-term financial needs while also supporting long-term stability. The most desired features include:
- Earned Wage Access (EWA): The ability to access earned but unpaid wages before payday to cover unexpected expenses.
- Budgeting Tools: Resources that help employees manage daily expenses and plan for future needs.
- Emergency Savings Accounts: Employer-matched savings options to build a financial cushion.
- Financial Literacy Programs: Accessible education to improve money management and financial planning skills.
- Employee Rewards That Contribute to Building Wealth: Incentives such as stock options, employer-sponsored investment accounts or rewards programs that allow employees to accumulate wealth over time.
What are the long-term benefits of offering financial wellness platforms to employees?
Offering financial wellness platforms creates a win-win situation for employers and employees. Long-term benefits include:
- Increased Productivity: Reduced financial stress leads to better focus and performance at work.
- Higher Retention Rates: Employees are more likely to stay with employers who are supportive and invested in their well-being.
- Improved Morale: Financial wellness fosters a sense of security and satisfaction among workers.
- Reduced Absenteeism: Employees facing fewer financial emergencies are less likely to miss work.
- Stronger Employer Brand: Companies with comprehensive benefits packages attract top talent and enhance their reputation as employee-focused organizations.
How is Chime’s financial wellness platform different from the rest?
Chime’s financial wellness platform, Chime Workplace offers an all-in-one financial wellness suite that provides employers with unique financial tools that propel employees where they want to be. Whether they need instant access to their pay, want to build credit, or are saving for the future, each employee can take their next step with confidence. Chime workplace reduces financial stress and promotes productivity resulting in improved engagement and retention all at no cost to employers and employees.